Post
Topic
Board Speculation
Re: Good time to buy BTC?
by
vokain
on 25/06/2013, 02:54:06 UTC
China: Once the Chinese get on board in large numbers -- the price will be unstoppable.

I don't understand why people think this. The average hourly wage in China is about $2 an hour. How will they ever manage to find any money to buy bitcoins when one bitcoin is 50 hours of work?


Since when does price matter regarding bitcoin's utility? Other than a high price attracting more investment/innovation